13:07 h / 2021/03/02
The European fan-focused merchandise specialist, Abysse Corp has acquired the UK posters and fan merchandise specialist, GB eye in a multi-million pound deal.
The move will combine Abysse Corp’s global presence with GB eye’s extensive local production, manufacturing expertise, and market knowledge, while strengthening the goal to create ‘the best fan-focused products.’
GB eye is recognised as one of ther UK’s market leaders in the production of posters and fan based merchandise since its establishment in 1986. The firm currently boasts over 100 licenses as well as significant agreements with key UK retailers.
Meanwhile, Abysse Corp has enjoyed substantial year on year growth since its inception in 2003. The acquisition will now offer Abysse Corp further distribution into the UK, Europe’s largest market for licensed products.
At the same time, GB eye’s range will now have access to a new level of worldwide distribution. The merger will also offer new warehousing and manufacturing capabilities in the UK and across mainland Europe, helping the team circumnavigate the restrictions imposed by Brexit.
Following the acquisition, the group will employ almost 300 staff and expects a consolidated turnover close to €60 million for 2021.